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Once you have won a big prize from the lottery, you may assume that all the serious effort is done. However, you would be quite wrong! There are many documented cases of men and women who have hit it big only to lose their fortunes through bad deals, unhealthy living, selfish acts, and other unfortunate events. So if you want to be a lottery success story, and avoid the famous "lottery curse" that seems to always make it to the front page of newspapers, here are a few tips to help.
Get a lawyer or financial planner
Before going public with your lottery winnings, it's really a great idea to talk to an attorney and a financial planer. Certain lawyers concentrate on lottery winners and how to best begin a wise life which will make the most of their winnings. As always, the ultra-rich (millionaires and billionaires) got that way by being wise with their money. They have had their wealth for quite a while. You, on the contrary, as a brand new lottery winner, are thrust into the role of ultra-wealthy, without the need of the years of expertise that others may have had. This is why an attorney can give great advice and be a good help while you begin your new life.
A financial planner is also an essential person to speak to. They may help you make the decisions early on in your life to be certain that you never have to work again. If you make wise investments with your lottery winnings, as opposed to spending it foolishly, you will truly be a lottery success story.
Concentrate on your dreams
Winning the lottery is something that most of us dream of doing. So now that you have won, what do you want to do with your winnings? Maybe you have always wanted to travel. This really is now your opportunity to become a world traveler. Or perhaps you have always regretted that you weren't able to go to college. You now have the chance to get that degree! Making a number of all your hopes and dreams may help you to find the very best path to achieve them.
Also, think beyond just things to buy. Sure a new car or dream home will be nice, but think more about lifestyle changes rather than new toys. The majority of people don't love their jobs, but find it nice to have a hobby to take up time. Your hobby can now become your full time profession, if you wish it. Being happy means spending your time doing the things you love.
Learn to say "No"
When you make a big win at the lottery, you will hear from friends you haven't spoken to in years. You will hear from cousins that you never knew existed. You might even hear from complete strangers! How did everyone find you all of a sudden?
Most state lotteries make their winners public. It's within their terms of service that winners must be willing to go public. They do this for a number of reasons. For one thing, it's really a great promotional device and it generates interest within the lottery. It also proves that the lottery is a fair draw and that there's absolutely no cheating going on. The flip side of this is that having their names made public puts a target on many lottery winners' lives. As a brand new lottery winner, you will have to learn to say "no" to the many requests that will be coming to you. If you have a hard time doing this, then you will be easily taken benefit of, and pretty soon you'll find your fortunes dwindling.
One alternative for all those who may not be looking forward to a life of public scrutiny is to try their hand at online lotteries. The relative anonymity provided by winning online means that a big winner can still remain relatively anonymous. If you've always dreamed of having all of it, but you would like to still live the life of a regular Joe, you might want to try your hand at online lotteries.
Give some back to charity
Even though you'll have to say "no" to a whole lot of greedy people trying to take advantage of you, you may see that you are considering giving back to charity. Many millionaires and billionaires have done great things with their donations, whether it be to hospitals, colleges, or any other non-profit organizations. You may even donate your time! Despite the fact that it sounds crazy, many millionaires and lottery winners do it. (In the event that you don't have a regular job anymore, or only work part time resulting from winning the lottery, you may have a whole lot more free time to share and may discover that you enjoy volunteering tour time).
In the event that you do elect to give to charity, do your investigation first. You definitely will need to discover what your interests are and just how you would like to see your hard earned money spent, so make a list about which charities interest you. You can even research your favorite charities to view where they spend their cash, simply how much of each gift they receive is utilized for charity, as well as other facts. These details should help you decide on a number of worthy charities.